CBN obeys court order, says old Naira notes remain legal tender

The Central Bank of Nigeria, CBN, has directed all commercial banks to dispense and receive old naira notes as legal tender across the country in accordance with the Supreme Court order alongside the redesigned banknotes till December 31, 2023. According to reports,…

Supreme court restrains CBN from implementing deadline for old Naira notes

 The Supreme Court of Nigeria on Wednesday, 8th February, 2023, has restrained the Federal Government, from implementing the February 10, deadline for the old 200, 500, and 1000 Naira notes to stop being legal tender. A seven-man panel of the Supreme Court…